12.08.2010, 12:05 2711

World prices of oil decreased on August 11

The world prices of oil, following the results of the tenders on Wednesday, August 11, decreased after the information of International Energy Agency (IEA) of possible delay of growth of oil consumption.

Almaty. August 12. Kazakhstan Today - The world prices of oil, following the results of the tenders on Wednesday, August 11, decreased after the information of International Energy Agency (IEA) of possible delay of growth of oil consumption.

The official price of the September future contract (settle) of the North Sea oil of Brent Crude Oil during the last trading day at the Intercontinental Exchange (ICE) has decreased from $79.60 to $77.64 per barrel.

The official price of the September future contract (settle) on delivery of Light Sweet Crude Oil (WTI) during the last trading day at the New York Mercantile Exchange (NYMEX) has decreased from $80.25 to $78.02 per barrel.

The price of OPEC oil basket (OPEC Reference Basket of crudes) decreased on August 10 from $78.28 to $76.87 per barrel. In July, 2010, the average price of OPEC oil amounted to $72.42 per barrel.

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